Ortoma continues to explore market opportunities on non-exclusive basis
After a preliminary review of the possible opportunities by both companies, both Ortoma and the European Company (previously announced as having an exclusive negotiation period with Ortoma) have mutually agreed to continue exploring possible market commercialization opportunities on a non-exclusive basis. While it’s apparent there are market synergies between both companies, initial assessments from our M&A Advisor indicated that both parties may currently lack the global presence required to drive maximum key stakeholder value from a worldwide investment and/or marketing agreement.